South Korea

Terra co-founder Daniel Shin faces first court hearing in South Korea
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12 July, 2023

Terra co-founder Daniel Shin faces first court hearing in South Korea

The South Korean court noted that it would study the submissions of Daniel Shin's legal team; both parties are expected...
South Korea passes bill aimed at protecting consumers a year after Terra’s collapse
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7 July, 2023

South Korea passes bill aimed at protecting consumers a year after Terra’s collapse

The latest bill comes with severe consequences for breachers but pundits claimed that the regulation is stuck in the perspective...
South Korean telecom giant KT to invest $5.3 billion in AI by 2027
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29 June, 2023

South Korean telecom giant KT to invest $5.3 billion in AI by 2027

The South Korean telecommunication firm, KT Corporation, is invested in the intersection of AI and robotics as well as in...
South Korea: Major banks team up to create security token after greenlight from financial regulator
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25 June, 2023

South Korea: Major banks team up to create security token after greenlight from financial regulator

The alliance headed by NongHyup Bank plans to launch a platform for issuing token securities in the coming months, as...
OpenAI CEO urges South Korea to focus on chips to get ahead in AI development
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14 June, 2023

OpenAI CEO urges South Korea to focus on chips to get ahead in AI development

OpenAI is turning to South Korea for semiconductors and memory chips in a bid to boost its AI production, with...
Do Kwon may face prison time in US, South Korea amid tight extradition race
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12 June, 2023

Do Kwon may face prison time in US, South Korea amid tight extradition race

South Korean prosecutor Dan Sunghan thinks that sending Do Kwon to South Korea is the most rational decision to recover...
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